Current Progressive Cattle digital edition
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The National Cattlemen’s Beef Association commended members of the U.S. Senate who sent a letter to Majority Leader Harry Reid, D-Nev., and Minority Leader Mitch McConnell, R-Ky., urging them to allow the 30-year-old tax credit and protective tariff for corn-based ethanol to expire as scheduled on Dec. 31, 2010.

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0111pc_marketreport_1November saw cattle markets continue to account for the two contrasting factors on the forefront this fall; extremely high and highly volatile grain and feed costs – versus - tight supplies of beef cattle at every level of production and the expectations that the availability of stocker calves next spring will not be nearly enough to meet demand.

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The 2010 Beef Financial Management Conference, cosponsored by Frazer Frost, LLP, now Frost, PLLC, Great Plains Ag Credit, and Commodity Risk Management, was held at the Ambassador Hotel in Amarillo, Texas on Tuesday, Nov. 9.

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January 2011 will be the first regular monthly edition of Progressive Cattleman. The Progressive Cattleman staff is working to prepare the best editorial, relevant information and most innovative advertising options in the business.

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Except for a brief retreat in early October, corn, soybean, and wheat prices were in a steady uptrend from June 30 through Nov. 9. December 2010 corn futures increased about 70 percent, while January 2011 soybean futures and July 2011 wheat futures increased about 50 percent.

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